Could a Stock Buyback of 2.9 million shares be a factor in TuCow’s Slow Response?

TuCows (NYSE AMEX:TCX, TSX:TC) , out in the pasture?!  With possibly 6M consumers affected my Malware spread through popular web portals, ground zero for the Malware attacks came from a known vulnerability in OpenX’s Ad server. Among the affected carriers, TuCows, Pirate Bay, ESarcasm And AfterDawn among the effected carriers. According to Web security vendor Dasient, an estimated 1.6M ads may have been served daily. According to Adreka social analytics, appearances of social reports, earmarking the malware attack may have started as early as the over the past 96 hours, and may have begun it’s proliferation as easily as midnight, 11^th of September 2010.

CyberInsecure reported that the malicious code was being loaded from external domains registered to an address in Russia and was targeted the Microsoft Windows Help Center vulnerability patched earlier this year, the successful exploitation led to a variant of the Bredolab trojan being installed on the victim’s computer. This threat is known a distribution platform for rogue antivirus programs.

TuCows general manager, Andy Walker, confirmed for ParetoLogic that the incident was the result of hackers compromising the OpenX server used by the company to deliver ads. “We detected the intrusion, patched the vulnerability in OpenX and resolved the issue quickly,” the company representative noted. According to Adreka’s Social Monitoring, the OpenX vulnerability issue was known as early as May, 2010, as reported by dozens of active OpenX communities, programmers, and malware boards.

Moreover, less than 12 hours ago, my attempts to access the TuCow’s main site and affiliate pages resulted in AVG halting my systems infection. So exactly why was the largest software company in North America, out to pasture when their systems, webmasters, and millions of consumers were being affected by a massive malware attack?

Granted it a cow’s top speed, is 5.5 mph, so TuCow’s should get there in ½ the time? – LOL

As a question, NOT AS AN ACQUISITATION, could the deadline for TuCow’s slow response come in the wake of the company trying to push their existing investor base to sell 2.9 million shares back to the company in a Dutch auction, what expires on September 17^th 2010? According to their own financial release, dated September 9^th 2010, TuCow’s  intends to commence a modified “Dutch auction” tender offer to repurchase up to 2,900,000 shares of common stock, representing approximately 5.1% of Tucows’ outstanding shares. The tender offer is expected to commence on Friday, September 17, 2010 and to expire, unless extended, at 5:00 P.M., New York City Time, on Tuesday, October 19, 2010. Tucows also announced that it has terminated its normal course issuer bid commenced in February 2010 pursuant to which Tucows has repurchased 3,409,300 shares of common stock.

As a past investment banker and now current media evangelist, you have to ask the question, unless their technology team was completely out to pasture, could long term financial gain been the catalyst for a Cow Speed Response, in relation for all other systems effected?